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Asaf Lifshitz Interview with CISO Magazine

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UNDER THE<br />

SPOTLIGHT<br />

Volume 3 Issue 6<br />

Volume 3 Issue 6<br />

UNDER THE<br />

SPOTLIGHT<br />

18<br />

1. How did you decide<br />

to start a business?<br />

The idea for Sayata Labs emerged<br />

when my partners and I identified<br />

a unique opportunity to bring our<br />

cybersecurity and data science<br />

expertise to bear for small and<br />

medium-sized businesses. We<br />

noticed that the cybersecurity<br />

industry had several structural<br />

problems, and after conducting<br />

thorough research, determined<br />

that the cyber insurance industry,<br />

in which actual performance<br />

can be measured, is perfectly<br />

positioned to tackle these<br />

challenges. Of course, we knew<br />

that addressing these issues would<br />

require a team <strong>with</strong> critical skillsets<br />

in cybersecurity, insurance, and<br />

data science. We assembled a very<br />

strong team <strong>with</strong> a proven track<br />

record of success in these fields<br />

and developed a solution which<br />

provides deep insights into cyber<br />

risks, at scale.<br />

2. What are the biggest<br />

challenges you face<br />

as the founder of a<br />

startup?<br />

As a startup, we need to be<br />

extremely agile and quick. One<br />

of the biggest challenges we face<br />

is quickly growing our team to<br />

keep up <strong>with</strong> customer demand.<br />

The cyber insurance industry is<br />

rapidly expanding and that puts<br />

more pressure on us to meet that<br />

demand. Additionally, cyber risk<br />

is a sensitive topic, especially for<br />

the SMB market, and requires us to<br />

educate the market as to the nature<br />

and depth of the risks involved.<br />

This takes time, but the hackers<br />

aren’t waiting.<br />

3. How are you<br />

tackling the awareness<br />

problem? What does<br />

your outreach to SMBs<br />

look like?<br />

We emphasize that small and<br />

medium-sized businesses<br />

are increasingly aware of the<br />

importance of cybersecurity<br />

and the potentially devastating<br />

consequences of getting it wrong.<br />

They’ve seen the effects of cyber<br />

attacks up close: 43% of all cyberattacks<br />

target SMBs. But complex<br />

threats require sophisticated<br />

solutions, and SMBs don’t usually<br />

have the time and proper toolset to<br />

deal <strong>with</strong> these threats effectively.<br />

With Sayata’s advanced technology,<br />

SMBs receive full visibility into<br />

their organizations’ level of risk.<br />

We designed our system to be<br />

intuitive, <strong>with</strong> a seamless user<br />

experience for customers even<br />

if they have limited technical<br />

knowledge of cybersecurity issues.<br />

19<br />

<strong>CISO</strong> MAG | June 2019 <strong>CISO</strong> MAG | June 2019

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